What's all the Yellen About? Monetary Policy and the Federal Reserve: Crash Course Economics #10
This week on Crash Course Economics, we're talking about monetary policy. The reality of the world is that the United States (and most of the world's ...
========== Jacob: Welcome to Crash Course: Economics,
I'm Jacob Clifford. Adriene: I'm Adriene Hill and today were talking
about monetary policy. Jacob: So each year, TIME magazine comes out
with a list of the worlds 100 most influential people. Adriene: It includes heads of state, religious
leaders, entrepreneurs, artists and activists, singers and actors of the most famous and
infamous. There's one person on that list -- someone who is
arguably the most influential person on earth -- that most people don't know. Their decisions, good or
bad, likely impact billions of people: Janet Yellen. Jacob: She steers the largest economy in the
world. Janet Yellen is a big deal. And she's a big deal because of monetary policy. [Theme Music] Adriene: The Federal Reserve is the central
bank of the ...